Is Wellesley Hills, MA 02481 a buyer’s or seller’s market?
Wellesley Hills is a seller’s market. With about 1.4 months of supply and 41% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 87% of U.S. ZIP codes, and #204 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wellesley Hills housing market right now
In the three months ending August 31, 2026, 41% of homes in Wellesley Hills, MA 02481 sold above their list price, the typical home went under contract in 17 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold about as fast and the median sale price rose 11% to $2,548,897. Overall, Wellesley Hills is less competitive than a year ago, which gives buyers more room.
Within Norfolk County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Wellesley Hills ranks #204 of 362 MA ZIP codes with enough sales (score 82 out of 100).
Nearby, buyers who want less competition could look at Dover 02030 (5% sold over asking) or South Walpole 02071 (20% sold over asking), while East Walpole 02032 (73% sold over asking) and Holbrook 02343 (71% sold over asking) are even more competitive.
Run the numbers for 02481
Nearby markets
Avon 02322Seller’s market $335 /sq ftBellingham 02019Seller’s market $282 /sq ftBraintree 02184Seller’s market $428 /sq ftBrookline 02445Balanced $776 /sq ft Browse all markets →Towns like Wellesley Hills nearby
Find towns like Wellesley Hills in other states →Where Wellesley Hills is
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Questions about Wellesley Hills real estate
Is Wellesley Hills a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Wellesley Hills, MA 02481 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wellesley Hills?
The typical home went under contract in 17 days in the latest three months.
Do homes in Wellesley Hills sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Wellesley Hills?
About 1.06% of a home’s value a year in Norfolk County, or roughly $4,240 on a $400,000 home.
What is the median home price in Wellesley Hills?
The median sale price was $2,548,897 in the three months ending August 31, 2026, about $672 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology